📣 No Mention of Crypto in the Democratic Party's Platform
posted 20 Aug 2024
Unlike the Republican Party's platform, the Democratic Party's 91-page document does not mention cryptocurrencies or blockchain. This absence could be interpreted in various ways, suggesting potentially no adverse policies against the sector.
Analyst Adam Cochran remarks that the crypto industry does not require government aid to flourish, but rather a non-hostile regulatory environment.
Proactive and supportive policy is great, but it also takes time to develop. But make no mistake Warren wanted anti-crypto to be the party identity - and it’s not even a talking point,Cochran commented on X.
Importantly, the platform was likely written and approved before Joe Biden withdrew from the presidential race, according to Fox Business journalist Eleanor Terrett.
Kamala Harris has not made a public statement regarding her stance on cryptocurrency. However, a group of cryptocurrency advocates called Crypto4Harris, together with crypto-supportive Democratic representatives, recently hosted a virtual meeting. Further details on this can be found in our dedicated article.